Passport II LP
Passport II LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Dec 8, 2017, the fund has sold $1,940,223,345 of interests to 339 investors since its first sale in Oct 2003. The minimum investment it accepts from an outside investor is $44,163. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Passport Holdings, LLC; John Burbank; Passport Capital, LLC.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $1,940,223,345Cumulative sales reported on Form D
- Investors
- 339
- First sale
- Oct 1, 2003
- Minimum investment
- $44,163
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Passport Holdings, LLC; John Burbank; Passport Capital, LLC
- Latest Form D
- Dec 8, 2017
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Passport II LP
What is the minimum investment for Passport II LP?
According to its latest Form D, filed Dec 8, 2017, the minimum investment Passport II LP accepts from an outside investor is $44,163.
Who can invest in Passport II LP?
Passport II LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Passport II LP raised?
Passport II LP reports $1,940,223,345 sold from 339 investors on its Form D filed Dec 8, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Passport II LP based?
Passport II LP is based in San Francisco, California.
When did Passport II LP launch?
Passport II LP reports its first sale in Oct 2003.
Size compared with every hedge fund
Raised more than 96% of the 1,049 hedge funds based in California, and more than 95% of all 10,127 that report sales.